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Velocity Frequent Flyer Rewards Program Credit Cards

Discover how you can earn more Velocity Rewards points from credit card spending to get your rewards sooner. Compare Velocity Rewards Credit Cards here.

The Velocity Frequent Flyer rewards program offers account holders plenty of ways to accumulate points very quickly, but also allows people to redeem points for lots of rewards as well.

Velocity is the official frequent flyer program of Virgin Australia. With Velocity you can earn and redeem Points at over 500 destinations for accommodation, car hire, gift cards and much more.

Virgin Australia Velocity Flyer Card - Balance Transfer Offer

Velocity Frequent Flyer Credit Card Offer

Take advantage of the bonus Velocity points offer and earn 0.66 Velocity Point per $1 spent on your everyday purchases. Gain exclusive access to reduced flight rates on domestic travel.

  • $64 p.a. annual fee for the first year ($129 p.a. thereafter) annual fee
  • 20.74% p.a. on purchases
  • 0% p.a. for 18 months on balance transfers
  • Cash Advance Rate of 20.99% p.a.
  • Up to 44 days interest free
  • Minimum Income Requirement of $35,000 p.a.

Velocity Rewards Credit Cards Comparison

Rates last updated October 1st, 2016
Bonus Points Rewards Points per $ spent (VISA/MC) Rewards Points per $ spent (AMEX) Annual fee
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
0.66 0 $64 p.a. annual fee for the first year ($129 p.a. thereafter) Go to site More info
American Express Velocity Escape Card
American Express Velocity Escape Card
7,500 bonus points 0 1 $0 p.a. Go to site More info
Virgin Australia Velocity Flyer Card - 0% Interest Offer
Virgin Australia Velocity Flyer Card - 0% Interest Offer
0.66 0 $129 p.a. Go to site More info
American Express Velocity Platinum Card
American Express Velocity Platinum Card
50,000 bonus points 0 1 $349 p.a. Go to site More info
NAB Velocity Rewards Premium Card
NAB Velocity Rewards Premium Card
20,000 bonus points 0.5 1.5 $150 p.a. Go to site More info
Virgin Australia Velocity High Flyer Card - 30k Bonus Points offer
Virgin Australia Velocity High Flyer Card - 30k Bonus Points offer
30,000 bonus points 1 0 $144 p.a. annual fee for the first year ($289 p.a. thereafter) Go to site More info
American Express Velocity Business Card
American Express Velocity Business Card
0 1 $249 p.a. Go to site More info

Velocity credit cards allow account holders to earn rewards points that can be redeemed for various perks including free flights, upgrades and other rewards. Compare them here.

The main goal of a rewards credit card, and therefore a Velocity credit card is to maximise the value of points with respect to the annual fee. Credit cards offer different points for different amounts of spending. A comparison can be carried out to find out the Velocity credit card that suits you best. Here are some of the different Velocity Frequent Flyer cards available from different credit cards:

How do Velocity credit cards work?

Velocity credit cards work just as any other rewards card works. That is, they earn points per dollar spent on eligible transactions. With many cards you’ll earn more or less points for different transactions. Some cards for example may offer as many as three points per dollar spent when shopping at partner stores or using partner services, and then offer progressively less points for different transactions.

Other card accounts may come with two cards—a Visa/MasterCard, and an American Express card. These ‘companion’ cards as they’re known allow you to use the American Express card to earn maximum points, and use the Visa or MasterCard in the event that the American Express isn’t accepted or attracts a surcharge.

How to earn Velocity points with a Velocity credit card?

As mentioned above, apart from flying, members will earn Velocity Points when they use their credit cards to pay for eligible transactions. This can include everyday expenses or larger items.

It generally doesn’t include: Cash advances, Balance transfers, Special promotions, Interest charges, Government charges, Insurance, Loan payments, Business transactions, Gambling transactions.

How to compare Velocity Frequent Flyer credit cards

Carrying out an effective comparison of these cards will see you emerge with a card which suits your habits and your lifestyle. Here are a few points that must be kept in mind while comparing.

  • Earn rates. The most commonly compared feature on a Virgin Velocity Frequent Flyer card is obviously the points earning rate. Estimate the amount you’ll spend each year and where you would spend it and then use this number to figure out what this would translate to in Velocity Points.
  • Points cap. Many cards limit the number of points you can earn each year, so depending on how many points you think you’ll earn each year you may or may not need to find a good card for this.
  • Annual fee. The value you get from the points you earn each year is offset by the annual fee you pay, so take this into account. One way to decide whether or not a card offers good value in relation to it’s annual fee is to work out what you’d spend your points on in an average year, and then compare the real world value of these rewards to the annual fee.
  • Interest rates and free days. Another point to consider is the interest free days offered on a card, or if you regularly carry a balance, the interest rate you’d pay on purchases.
  • Complimentary travel insurance. Enjoy peace of mind with complimentary travel insurance when you book your holiday with your Velocity credit card. By paying for your overseas flight with your credit card, you and your family can covered for any medical expenses for illness and injury, lost or stolen luggage, legal liability and more. However, there could be limits and exceptions so please make sure you read the terms and conditions to make sure you’re covered on your trip.
  • Complimentary flights. Some Velocity reward credit cards offer a complimentary domestic flight annually after your first card spend each year. Your account will be updated to show your complimentary flights redemption activity. You can call Virgin to redeem your flights where you can buy one seat and a get a second complimentary seat. This is only available on some flights and classes and checked baggage charges will apply.
  • Reduced flights offer. This offer gives you 50% off the base fare of a Virgin Australia Saver Base Fare domestic flight. This is available for the primary card holder and another person they nominate. This requires 30 day advance bookings, can only be used 4 times a year and needs to be paid with an eligible Virgin Velocity credit card.
  • Flying perks. Some Velocity credit cards also offer discounts to business class companion fares when you fly internationally with Virgin Australia. Complimentary single entry passes to the Virgin Australia lounge are also available.

Things to avoid with these cards

Here are a few things that you must keep in mind while using the Velocity credit cards:

  • Don’t withdraw cash using these credit cards, as you won’t earn points and you’ll pay cash advance interest immediately.
  • Avoid balance transfers to a rewards credit card that you use frequently as this also won’t earn points.
  • Make sure that the annual fee that you pay is not above average, and if it is above average ensure you’ll earn enough in rewards value to offset it.
  • Avoid a card which caps points if you’ll exceed this cap.
  • Avoid spending using these cards just to earn points—this can see you get into debt and reduce the value of any rewards.

How to maximise points earning with a Velocity Frequent Flyer credit card

You can earn points by travelling with Virgin Airlines or any other international airline that is part of the Velocity network. The longer your flight is and the more expensive your ticket is, the more is the number of points you earn. Apart from this, other methods to earn reward points include:

  • Shopping with bonus partners. When you shop with partners of velocity program, you’ll earn more points on a daily basis. Velocity also has a range of bonus partner hotels and services which allow you to earn points.
  • Get to a higher status tier. The Velocity program has status tiers which you can move up to by flying regularly. These tiers give points earning bonuses on further flights among a host of other benefits.
  • Pay for bigger ticket items using your card. If you already have the cash to buy a larger item and your credit limit can handle it, you can use your card and earn the rewards points for it and then simply pay the amount back immediately.
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Increasing the number of points you earn

The Velocity Frequent Flyer Rewards Program provides its members with various methods they can use to increase the number of points they earn alongside flying.
The Velocity Frequent Flyer Rewards Program features different status tiers, namely Silver, Gold and Platinum, each with a wide range of benefits, including Priority Check-in, access to first-class lounges worldwide and extra baggage allowance.

Gold and Platinum members can also enjoy Priority Boarding, Guaranteed Reward Seats for a family trip every year and Complimentary Elite membership with any of Velocity’s car hire and accommodation partners. Additionally, Gold and Platinum members can also earn bonus points by using the services of the many travel partners available.

  • Earn more points with your credit card. The Velocity Frequent Flyer Rewards Program has the largest number of partner credit card issuers, meaning that members can easily earn points while using their credit cards without having to switch to another bank. They can also transfer their points as they see fit, whenever they need them. If you have a participating credit card, all you need to do is link it to the Velocity Program and you’ll start earning points right away. Plus, you’ll be able to earn additional points with the Velocity Program partners.
  • Earning points daily. As a Velocity Program member, you can also earn points on a daily basis when you shop with the program’s partners. Additionally, you will soon be able to earn points when shopping with Westfield Online, when paying your Lumo Energy bill and even purchasing a bottle of wine from Virgin Wines, among other retailers.
  • High status equals greater bonuses. Members in the Silver, Gold and Platinum tiers can earn more points through bonuses when they make reservations or purchase car rental, insurance, accommodation and much more through any of the Velocity Program Partners.
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How many points can I earn?

With quite a few Velocity co-branded cards available, it can be difficult to choose the one that is best for your personal situation. However, if the number of points you can earn per month is a consideration, then the table below will give you an idea of how many points you can accrue with different cards.

American Express Velocity Platinum CardVirgin Australia Velocity High Flyer CardNAB Velocity Rewards Card
Annual Fee$349$289$150
Points per $1 spent1.51.251
Groceries – $500750625500
Fuel – $200300250200
Utilities – $150225187.5150
Phone – $100150125100
Entertainment – $450675562.5450
Virgin Australia – $3501,050437.5350
Miscellaneous – $100150125100
Total Velocity Points3,3002,312.51,850

Transfer your points to the velocity frequent flyer rewards program

The Velocity Frequent Flyer Rewards Program has an extensive network of partners, which can clearly be seen with the number of credit card brands that permit cardholders to transfer their points to the Velocity program. In other words, anyone can enjoy the full benefits of the Velocity Rewards Program without having to change banks and apply for new credit cards. Below you will find a list of credit card brands, with point exchange rates as well as the terms and conditions of the transfers.

Card BrandsPoint TypesVelocity PointsTerms and ConditionsTransfer Duration
1 Membership Reward Point1Valid for Ascent or Ascent Premium Members and American Express cardholders1 day
2 David Jones American Express Points1Minimum of 2,000 points per transfer
1 Diners Club Reward Point1Minimum 5,000 points per transfer5 days
1 ANZ Business One Rewards Point1Minimum 4,000 points per transfer. Transfers greater than 4,000 points can only be completed in multiples of 1,0005 days
1.5 Citi Rewards Points1Minimum 15,000 points per transaction5 days
1.5 Card Services Rewards points1Minimum 15,000 points per transaction
2 Altitude Points1At least 3,000 points per exchange. Anything over 3,000 points must be done in 500 point increments at a time3 days
2 Commonwealth Awards Points13,600 points minimum per transaction3 days
2 Amplify Points1Minimum 3,000 Amplify Points with multiples of 500 Amplify points above that.3 days
2 Suncorp Rewards Points1Minimum 10,000 points per transaction5 days
2 Amplify Points1Minimum 3,000 Amplify Points with multiples of 500 Amplify points above that.3 days
2 Amplify Points1Minimum 3,000 Amplify Points with multiples of 500 Amplify points above that.3 days
New Zealand2 Membership Reward Points1Minimum 2,000 points followed by increments of 2 points3 days
2.25 ANZ Rewards Points1Minimum 4,500 points with transfers larger than this required to be completed in multiples of 2,2505 days

The velocity program and families

As a member of the Velocity program, you will also be able to take advantage of the numerous family benefits that Virgin Airlines has added to their frequent flyer program.

  • Parental leave. If you are expecting a new baby and you will be unable to travel, you can pause your membership for six months as long as you are a Silver, Gold or Platinum member. Subsequently, it will be reactivated and you will start exactly where you left off without losing your membership status.
  • Lounge passes. For every 100 Status Credits you earn, you will receive a complimentary Virgin Australia lounge pass. This way you will be able to kick back and relax in style before your flight takes off. If you can’t have a moment to yourself at home, at least you can take a breather in one of the amazing lounges from Virgin Australia or their partners.
  • Transferring points. The family benefits Virgin allow you to transfer points from one family member’s account to another up to four times per year. This way, you can claim your rewards much faster, especially if there are multiple family members accruing points.
  • Pooling points and status credits.Members can also benefit the Velocity Frequent Flyer Rewards program offers families is the ability to pool all their points into a single account. This is another way for families to enjoy their rewards faster, without having to wait for a single member to accrue all the points necessary to obtain one of the rewards. Families can also pool their Status Credits into a single account so one member can upgrade their membership faster. The advantages to upgrading to another tier include bonus points as well as numerous other benefits such as priority check-in and boarding and so on.
  • Pro-tip:
    Be careful if you’re about to reach a tier when adding up your points and hoping to step up from Silver to Gold membership. If somebody pools their points in with yours, you will get the membership upgrade, not them. So if you’re on platinum level and your partner is about to turn gold, you’ll want to wait until he or she reaches gold level before making him or her a contributor to your account.

Family benefits specific to gold and platinum members

  • Reward seats guaranteed for one family trip per year. Being a Gold or Platinum member means that you can relax and take advantage of the Reward Seats that are guaranteed for you for one trip for your family per year. Thus, you never have to worry about not finding seats when and to where you need them. Gold members are entitled to four return Reward seats for their family trip to any destination in Australia while Platinum members can choose any international destination.
  • Lounge access for the whole family. There’s nothing worse than having your kids running around all over the airport, which is why this family benefit for Platinum members is so great. As a Platinum member, you can invite up to three additional people into the lounge. Gold members can only invite one additional guest but both types of members can take two children under 12 years old into the lounge with them as well.
  • Companion gold and platinum membership for a family member. If you are a Platinum member, you can share all the benefits and rewards provided by the Velocity program with a friend or family member. Likewise, once you earn an extra 1,500 or 2,000 Status Credits, you can also give out a Companion Gold or Companion Platinum membership as a gift.
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Pros and cons of Velocity frequent flyer rewards

Pros

  • Virgin’s Velocity program is free to join, compared to Qantas’s $89.50 (however, it’s free to join Qantas through the Woolworths Everyday Rewards Program.
  • Get access to free flights and upgraded fares, in addition to other benefits when flying.
  • Velocity Rewards seats are often offered at special rates for members. You still need to be flexible and book ahead, but you may still receive discounts.
  • In terms of status credit offering, it is slightly easier to become a gold or platinum member with Virgin.
  • The Velocity program won three awards at the 2013 Freddie Awards, including Program of the Year, Best Redemption Ability and Best Elite Program in the Middle East/Asia/Oceania region.

Cons

  • Qantas is based on an awards systems per mile, and gives you at least 1000 points per one way flight if you’re a member. The Velocity program awards points per dollar spent on domestic flights. This means that you’ll only get 1000 points altogether for a $200 return trip flying with Virgin. If you bought a more expensive ticket however, you would earn more points.
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Frequently Asked Questions

How long are Velocity points valid?

As of 1 June 2016, Velocity Points will not expire as long as you earn or redeem them at least once every 24 months. Note that previously the expiry period was 36 months and any points earned from eligible activity prior to 1 June 2016 will not expire for 36 months.

Can you claim missing Velocity point?

You can use the online form to file a claim for missing Velocity Points. All you have to is log into your account and select Claim Missing Points. You will have up to six months to claim your points with Virgin Australia, V Australia, Pacific Blue, Polynesian Blue and other partner flights. For accommodation, car hire and other partner companies, you only have three months to make your claim.

Will the Velocity program benefit my family?

Virgin Australia has added a number of family benefits for its frequent flyers. One such benefit is the ability to pool points together as a family to afford rewards earlier.

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36 Responses to Velocity Frequent Flyer Rewards Program Credit Cards

  1. Default Gravatar
    Ivan | June 11, 2016

    Can I transfer my qantas frequent flier points to velocity points

    • Staff
      Anndy | June 13, 2016

      Hi Ivan,

      Thanks for your comment.

      Unfortunately, you can’t transfer your Qantas frequent flyer points to Velocity points. However, you can redeem Qantas points for flight rewards, travel perks and merchandise on the Qantas Store

      Cheers,
      Anndy

  2. Default Gravatar
    Simon | September 7, 2015

    Application for credit cards that have a minimum annual income of $50,000

    however, am only currently working part time by choice so that criteria in not achievable just yet. Is this factored into the application or is it very black and white that the minimum annual income must be met.

    • Staff
      Jonathan | September 7, 2015

      Hi Simon, thanks for your inquiry!

      Unfortunately the minimum annual income is an application requirement and requires supporting documentation. You may like to compare low interest rate credit cards on this page, which have lower minimum income requirements.

      Cheers,

      Jonathan

  3. Default Gravatar
    Macca9988 | August 29, 2015

    Do you gain status credits on your companion fares purchased on your credit card? Visa Virgin money cards and AMEX platinum velocity card companion to business ? Also the free flight on offer on the AMEX do you gain status credits?

    • Staff
      Jonathan | September 1, 2015

      Hi Macca9988, thanks for your inquiry!

      Companion membership fares will earn status credits to your account if Family Pooling is activated. Family Pooling allows you to group your family members’ Points or Points and Status Credits into one Account. Discount Economy fares/ Saver fares are ineligible for earning status credits. As a result the free flight would not qualify for this credits earning.

      I hope this helps.

      Cheers,

      Jonathan

  4. Default Gravatar
    Darren | July 12, 2015

    I am looking at applying for a Velocity Escape Card but special offer of 15,000 points is for those applying before 30 June will those points be credited to me in good faith if I apply today?

    • Staff
      Sally | July 13, 2015

      Hi Darren,

      Thanks for your question.

      If the 15,000 bonus points are only available to new applicants who apply before 30 June, then you will not receive the bonus points if you apply after that date.

      I hope this has answered your question.

      Thanks,

      Sally

  5. Default Gravatar
    sandra | July 6, 2015

    With A Virgin Credit Card how do they go world wide is it recognised in a lot of countries?

    Also when they say “balance transfer” can you please explain a little further to help me understand which card is better for me?

    • Staff
      Sally | July 7, 2015

      Hi Sandra,

      Thanks for your question.

      Depending on which of the Velocity Frequent Flyer Rewards credit cards you choose, the card will either be a Visa, MasterCard or American Express. As each of these credit card types are widely accepted around the world, you will be able to use your card and access your funds internationally.

      Velocity rewards credit cards can also be used to earn and redeem points with Virgin Airways and their international airline partners, allowing you to earn and use the rewards points you receive on your card internationally.

      A balance transfer refers to the process of transferring a balance from an existing account to a new credit card account with another credit card company. Balance transfers are usually done to move your balance to a card with a lower interest rate in an attempt to better manage existing debt.

      If a balance transfer sounds of interest, you may wish to compare some of your credit card options here.

      I hope this has helped.

      Thanks,

      Sally

  6. Default Gravatar
    Tuck | June 24, 2015

    I have recently started using the velocity frequent flyer card and have notched up a few points but as my permanent card crossed in the post was unable to claim the points on a recent flight. I attempted to add my points for the flight which was about just over 2 weeks ago. When the add lost points page comes up it keeps telling me there is an error. In tried to ring but was told I would have a considerable wait, I tried the contact us page on the velocity web site that will not download the form so this is the only way I can contact you, please let me know how I can sort this out..

    • Staff
      Sally | June 24, 2015

      Hi Tuck,

      Thanks for your question.

      Just to confirm, you have come through to finder.com.au, not Velocity.

      As stated on the Velocity Frequent Flyer website, you can claim points for travel completed on Virgin Australia or with Virgin’s airline partners up to 30 days prior to joining Velocity Frequent Flyer.

      To claim your missing points, you will need to email your Velocity membership number and a copy of your electronic ticket and boarding pass to Velocity. I’ve emailed you their email address directly.

      If your claim is successful, your points will be credited to your account between two and six weeks of submission.

      I hope this has answered your question.

      Thanks,

      Sally

  7. Default Gravatar
    Margot | May 26, 2015

    How many points needed for a flight from Hobart to Melbourne, one way?

    • Staff
      Jonathan | May 27, 2015

      Hi Margot, thanks for your inquiry!

      Please refer to the link I have sent to your email for the Velocity points calculator to calculate the number of points needed for your trip.

      Cheers,

      Jonathan

  8. Default Gravatar
    | March 5, 2015

    Is there a credit card in Australia other than AMEX to accrue Star Alliance points

    • Staff
      Jonathan | March 5, 2015

      Hi Robert, thanks for your inquiry!

      Membership to Star Alliance allows you to redeem points with an eligible Frequent Flyers membership to other airlines in the alliance. As long as your credit card can earn points with an eligible airline you will effectively earn points with Star Alliance.

      Cheers,

      Jonathan

  9. Default Gravatar
    Synth | December 17, 2014

    What is the best credit card for points conversion to velocity FF points? I have heard of some that give up to 3 points per $ spent on the card.

    • Staff
      Elizabeth | December 17, 2014

      Hi Snyth,

      Thanks for your question.

      You can use the comparison table on this page to see the cards that have the highest earn rate. By clicking the title ‘points per $1 spent’ it will filter the results to show you the cards that earn you the most points. Some of these cards also offer you bonus points, and higher earn rates for making certain types of purchases, so it will help to read through the reviews.

      I hope this has helped.

      Thanks,

      Elizabeth

  10. Default Gravatar
    Graham | November 7, 2014

    I have a virgin platinum visa and am not sure if this allows me 1 free flight a year. Could you please clarify this for me thanks.

    • Staff
      Elizabeth | November 7, 2014

      Hi Graham,

      Thanks for your question.

      I’m unsure which card you’re referring to specifically, but I can’t see any reference to a free flight with Virgin credit cards. You may be referring to the reduced flight offer, that allows reduced airfares when you and a friend fly with Virgin domestically up to four times per year.

      I hope this has helped.

      Thanks,

      Elizabeth

Credit Cards Comparison

Rates last updated October 1st, 2016
Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
Enjoy a 0% p.a. balance transfer offer for 18 months and also earn 2 bonus Velocity Points in the first 3 months on everyday spend.
20.74% p.a. 0% p.a. for 18 months $64 p.a. annual fee for the first year ($129 p.a. thereafter) Go to site More info
ME Bank frank Credit Card
Enjoy a low and consistent interest rate on purchases and cash advances, combined with no annual fee.
11.99% p.a. $0 p.a. Go to site More info
St.George Vertigo Visa
Introductory offer of 0% p.a. for 18 months on balance transfers and 1% p.a. for 12 months on purchases, plus a low annual fee.
1% p.a. for 12 months (reverts to 13.24% p.a.) 0% p.a. for 18 months $55 p.a. Go to site More info
HSBC Platinum Credit Card
Receive a full annual fee refund and save $149 if you meet the $6,000 spend requirement. Enjoy a balance transfer offer and platinum card benefits such as complimentary insurances and concierge services.
19.99% p.a. 0% p.a. for 15 months $149 p.a. Go to site More info

* The credit card offers compared on this page are chosen from a range of credit cards CreditCardFinder.com.au has access to track details from and is not representative of all the products available in the market. Products are displayed in no particular order or ranking. The use of terms 'Best' and 'Top' are not product ratings and are subject to our disclaimer. You should consider seeking independent financial advice and consider your own personal financial circumstances when comparing cards.

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